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Beyond Ownership As Usual: The Implications of Steward-Ownership For Management Research

Title: Beyond Ownership As Usual: The Implications of Steward-Ownership For Management Research
Authors: Manelli, Luca; Pek, Simon; Waldkirch, Matthias; Hachigian, Heather; Jamal, Audrey; Thomsen, Steen; Besharov, Marya; Hand, Mark; Segrestin, Blanche; Levillain, Kevin; Hatchuel, Armand
Contributors: Research Project on Long-Term Ownership and Value Creation in Enterprise Foundations; Novo Nordisk Foundation
Source: Journal of Management Inquiry ; ISSN 1056-4926 1552-6542
Publisher Information: SAGE Publications
Publication Year: 2025
Description: Steward-ownership is a novel conceptualization of ownership galvanizing attention from entrepreneurs, business owners, policymakers, and academics around the world. Two main principles distinguish it from traditional models of ownership: (1) decoupling control rights and economic rights and (2) asset lock, whereby company resources cannot be privatized by shareholders. This curated conversation among 11 interdisciplinary researchers unpacks the transformative potential of steward-ownership for management theory. Contributors discuss how our current knowledge of steward-ownership, along with what we can come to know through targeted future research, offers important insights for scholarship on purpose, entrepreneurship, corporate governance, impact investing, hybridity, and alternative forms of organizing.
Document Type: article in journal/newspaper
Language: English
DOI: 10.1177/10564926251357812
Availability: https://doi.org/10.1177/10564926251357812; https://journals.sagepub.com/doi/pdf/10.1177/10564926251357812; https://journals.sagepub.com/doi/full-xml/10.1177/10564926251357812
Rights: https://creativecommons.org/licenses/by-nc/4.0/ ; https://journals.sagepub.com/page/policies/text-and-data-mining-license
Accession Number: edsbas.DF373162
Database: BASE